NOT LISTED FOR SALE

2 Francis Rd Wellesley, MA 02482

Estimated Value: $1,430,000 - $2,062,000

7 Beds
3 Baths
3,582 Sq Ft
$504/Sq Ft Est. Value

Last Sold August 01, 2016

Last sale price $877,800 $245 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $10,532/month

30 Days on Market

About This Home

As of August 2016

Note increased income! Spacious two family in single fam zone ideal for owner-user or investors, priced for immediate sale. Everything you want in a 2-fam - space, 3-4 bedrooms per unit, separate systems, strong rents (long-term tenants), laundry for each unit and tons of parking plus updates throughout! Rare townhouse style (side by side with living area and updated kitchens on first floor & bedrooms upstairs) in desirable location, beautifully set back with gorgeous yard and off-street parking in the back. great corner 10,000 plus sf lot, 5+ parking, Long term tenants in unit 2 at $2250 a month through Jully 2018. Unit 1 is rented at $2450 for a few more months so could be for owner-user or rented at higher rent (4 beds, 2 full baths!), laundry for each unit and tons of parking! Just a few minute drive to 128, this rare desirable Wellesley 2-fam sits on the corner of Route 9 and a great side street that goes down to lovely Sprague Park and ball fields.

Last Agent to Sell the Property

Todd Glaskin

Coldwell Banker Realty - Newton Listed on: 03/30/2016

Coldwell Banker Realty - Newton

Last Buyer's Agent

Rob Kaeneman

W. Henry Estates LLC

Property Details

Home Type

Multi-Family

Year Built

1912

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Lot Description: Corner
  • Property Type: Multi-family
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 6
  • Year Built: 1912

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 13
  • Amenities: Park, Highway Access, Public School, University
  • Flooring: Wood
  • Total Levels: 6

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Patio, Gutters, Storage Shed
  • Foundation: Other (See Remarks)

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 5

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: SR-10

Multi Family

  • Total Bedrooms: 7
  • Total Floors: 2
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 12
  • Total Rent_1: 5300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2016
Closed on
Aug 1, 2016
Sold by
Chase Gary
Bought by
Kaeneman 3Rd Robert D and Patel Sneha B
Seller's Agent
Todd Glaskin
Coldwell Banker Realty - Newton
Buyer's Agent
Rob Kaeneman
W. Henry Estates LLC
List Price
$899,000
Sold Price
$877,800
Premium/Discount to List
-$21,200
-2.36%
Current Estimated Value
$1,804,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$926,538
Avg. Annual Appreciation
7.76%
Original Mortgage
$658,350
Outstanding Balance
$512,874
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,291,464

Purchase Details

Closed on
Oct 24, 2006
Sold by
Wellesley 664 Llc
Bought by
Neyshtadt Gary

Purchase Details

Closed on
Sep 30, 2005
Sold by
Dowd John W and Dowd Richard J
Bought by
Neyshtadt Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$594,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Kaeneman 3Rd Robert D $877,800 --
Neyshtadt Gary -- --
Neyshtadt Gary -- --
Neyshtadt Gary -- --
Neyshtadt Gary $660,000 --
Neyshtadt Gary $660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaeneman 3Rd Robert D $658,350
Closed Neyshtadt Gary $658,350
Previous Owner Neyshtadt Gary $529,500
Previous Owner Neyshtadt Gary $594,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2016 08/01/16 Sold $877,800 -2.5% $245 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
04/14/2016 04/14/16 Price Changed $899,900 +0.1% $251 / Sq Ft
03/30/2016 03/30/16 For Sale $899,000 -- $251 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,714 $1,334,000 $751,000 $583,000
2024 $12,950 $1,244,000 $683,000 $561,000
2023 $11,061 $966,000 $524,000 $442,000
2022 $11,178 $957,000 $485,000 $472,000
2021 $10,975 $934,000 $464,000 $470,000
2020 $10,011 $866,000 $430,000 $436,000
2019 $9,256 $800,000 $411,000 $389,000
2018 $10,612 $888,000 $436,000 $452,000
2017 $9,137 $775,000 $436,000 $339,000
2016 $8,577 $725,000 $429,000 $296,000
2015 $7,549 $653,000 $379,000 $274,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71980051

MLS Property Information Network (MLS PIN)

APN: WELL-000121-000007

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